XTEND and JFB Construction Holdings Announce $1.5B All-Stock Merger to Create Nasdaq-Listed XTEND AI Robotics

February 19, 2026

XTEND and Nasdaq-listed JFB Construction Holdings entered into a definitive all-stock business combination valued at an implied $1.5 billion. The combined company is expected to be renamed XTEND AI Robotics and listed on Nasdaq under the ticker XTND, combining XTEND’s AI-driven autonomous robotics platform with JFB’s U.S. construction and infrastructure capabilities.

Buyers
JFB Construction Holdings, XTEND AI Robotics (expected renamed combined company)
Targets
XTEND, JFB Construction Holdings
Location
Florida, United States
Transaction Type
Buyout

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